Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN) – Will Facebook, Amazon, Apple, Netflix or Google Stock Grow the Most by 2023?
Each week, Benzinga conducts a survey to gather sentiment on what traders are most interested in or concerned about when managing and building their personal portfolios.
What are FAANG shares?
The term FAANG stocks refers to five of the most popular tech stocks traded on NASDAQ.
This week, we asked over 1,000 Benzinga visitors about investing in tech stocks: Which FAANG stock will rise the most by 2023?
- Meta Platforms Inc (NASDAQ:FB)
- Amazon.com, Inc. (NASDAQ: AMZN)
- Apple Inc. (NASDAQ:AAPL)
- Netflix Inc. (NASDAQ:NFLX)
- Alphabet Inc Class C (NASDAQ:GOOG)
Related Link: If You Invested $100 in Bitcoin, Ethereum, Dogecoin, and Shiba Inu on January 1, 2021, Here’s How Much You Would Have Now
Which FAANG stock will rise the most?
Around 39.6% of traders and investors believe Meta Platforms shares will rise the most by the end of 2022, compared to their FAANG counterparts. It’s no secret that Meta shares are trading down 37.8% to $210.48 year-to-date. Meta was hammered after fourth quarter results earlier in February, the tech giant reported EPS of $3.67, which missed analysts’ consensus estimate of $3.84.
21.5% of traders thought Apple would earn the most by 2023. They didn’t see as much upside with Alphabet and Microsoft, with the two stocks garnering 14.2% and 12.8% of support, respectively. investors.
Respondents were the most skeptical of Netflix’s long-term growth, with 11.9% of readers saying Netflix would earn the most in the coming years. Shares of Netflix are 34.6% lower at $390.80 year-to-date.
Also see: If you invested $100 in Apple, Microsoft, Amazon and Tesla 5 years ago, here’s how much you’d have now
This survey was conducted by Benzinga in February 2022 and included responses from a diverse population of adults aged 18 or older.
Participation in the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects the results of more than 1,000 adults.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.